Buyout packages off the table, no more talk of layoffs or job cuts.
10 replies (most recent on top)
Don't be naive. Your job is far from safe.
If they don't reach their reduction in force goals with this early retirement package, then the chance of future layoffs is probable and likely. Attracting Wall Street investors is their only priority in 2020..
Not meant to scare you, but you should prepare yourself financially and emotionally to be in the job market.
buyout announcements mid-week are NEVER a good sign. I expect these to be outright layoffs not a buyout offer. Make sure you pack up your desk today
Tomorrow is the day.....
Looks like they couldn't get it done...
The rumors were just that - rumors
CEO and CIO have become impediments to this process. Personal agendas egos and greed are inappropriate when the livelihood of so many are in jeopardy.
It’s become very political at this point
Google CECL Freddie Mac, you will know why cost cutting makes sense.
The manner in which this is being handled is atrocious. The need to cut capital to get out of conservatorship hasn’t changed. Leadership is just playing games at others’ expense. Shameful!
All this discussed and planned for months and now just off the table?? Hard to believe!